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WHUT
Oct 8, 2012 7:00am EDT
. the two firms denied being influenced by the chinese government. john sudworth is in shanghai. what is the reaction there to this congressional hearing? >> there's been a statement out by the chinese foreign ministry suggesting that the chinese telecommunications companies operate within the law, but they have gained their success through their own commercial competitiveness and that they should not be singled out by u.s. congressional committees for criticism in this way. so it appears the chinese government is already lining up in defense. this is a damning report from an official body singling out two companies by name and suggesting that they simply have not done enough over the course of this investigation to demonstrate that they are free from influence from beijing. >> my understanding is the foreign ministry has done slightly more than just condemn this. have they not said this is the result of some kind of prejudice in america of chinese companies? >> in a sense, that is in the context in which there is a kind of growing focus on the issues of their trade and open access. i
KCSMMHZ
Oct 9, 2012 5:30pm PDT
through a list of challenges in developed countries. government spending cuts, a weak financial system, high unemployment. emerging economies such as china drove the recovery from the global downturn, but they have cooled off. >> clearly the downside if the global economy were to slow much more than expected, then additional policy measures will be needed. >> reporter: he said he was encouraged by the easy money policies of many banks and pieces to what he called a complex puzzle are starting to fall into place. he said if the puzzle can be completed, then one can hope that the worst might be behind us. ron madison, nhk world, tokyo. >>> this high level gathering wouldn't have been happening here in tokyo if things had gone according to plan. accordi organizers originally decided to go in egypt. immediately raised his hand and proposed japan would host. we spoke with the vice minister of finance for international finance. >> reporter: vice minister nakoa was instrumental to bringing the meeting to tokyo. he says there are two goals he hopes to achieve during the meetings. >> in the int
PBS
Oct 9, 2012 5:00pm PDT
are so heavily vested in government bonds. the report says japanese government bonds account for 24% of assets of banks in japan. the institutions could suffer heavy losses if bond prices plummet. banks around the world see japanese and u.s. government bonds as safer assets in the face of the prolonged credit crisis in europe. they snapped up japanese bonds, causing the yen to spike to record levels. imf economists note japan and the united states are facing huge deficits and the countries need to implement fiscal reforms to maintain investor confidence. it also acknowledges a decision by eurozone countries to launch a permanent fund designed to bail out struggling members. they say worries about the health of the region's financial system have increased since the spring with the need to use capital to help troubled banks in spain. >>> greece is one of the struggling eurozone members counting on bailout funds to keep it functioning. international lenders are demanding the country's politicians implement deep spending cuts in return for that aid. angela merkel traveled to athens to u
WHUT
Oct 10, 2012 7:30am EDT
. it is not. >> the man there says it is time for governments off to act. he said the biggest risk is the euro zone. private sector money pulled out from peripheral economies in the region back into the core ones. that is pushing up borrowing costs for government, banks, countries, italy and spain. this he is says feeding a further downturn to. reap ver to reverse the situation is well timed fiscal consolidation and they need to do this reducing excessive debts. economists fame size steps need to be take in to boost foundations beneath banks they hope the european stability and bond buying program will help rebuild investor confidence. they suggest a unified system to supervise banks must be m playment pla -- implemented. economists point to japan as a risk. they project bank holdings of government bonds could increase to a third of total assets in five years. institutions could suffer heavy losses if interest rates rise. now the imf report suggests banks need a further boost to their balance sheets. and it said the japanese government should take tougher measures to deal with its budget probl
WETA
Oct 9, 2012 6:00pm EDT
elected a government that mismanaged the situation and borrowed money that we did not have. that intense animosity is now predominantly felt here. from the government, and open arms welcome. the government is intensely aware that relations have hit new lows within the last few years by this tabloid animosity. the government realizes it needs to reach out to the german government in reset relations. greece depends on german cash, and that sort of extremely strong unity is what you saw today from the greek government. >> you were on the streets of athens, wasn't brave or insensitive? got that as a question of what posts to myself when i got hit by a volley of tear gas earlier in the afternoon which left my eyes streaming data show me with a toxic impact. as i nursed by sore eyes. in those days it was brave, other cell was insensitive. her visit has added fuel to the fire for those that see her as the architect of austerity. they say it is a sign of respect that she came to this country and we're glad that she came to speak to the president offered a show of support and endorse their place
WHUT
Oct 9, 2012 7:00am EDT
what we're seeing is a government seeking to assure its key constituents and to send a signal to the outside world in the face of what they consider pressure from the south and the government is strong and the national security of the north korea the safe. >> it's given that the south has only increased its missile capacity. >> absolutely. and i think we need to trecks last few months have been very tense on the korean peninsula, and there's been no love lost and the outgoing president is seen as someone who is hostile to the north and that certainly is how the knot paints him. this is very much a political gang waiting for the political senses of december and north koreans are not going to give an inch until they see the new president taking over in january. but for now, as you say, they have every reason to take a tough stance. >> thank you for your time on gmt. let's take a look at some of the other stories making hirnes around the world today. mexican authorities say the leader of the drug cartel appears to have been killed in a fire fight with marines. final forensic test
FOX News
Oct 9, 2012 4:00pm EDT
the government's apron springs doesn't cut it what does? >>guest: this is fought a serious debate when president obama said we cannot cut one small program. to we cannot cut this program what can we cut? we have $1.1 trillion deficit and that was an improvement. >>neil: the argument is, it is chump change. but you add them up, it adds up. >>guest: i do watch pbs a lot, sometimes i listen to npr but people would listen to it and watch it and like the programming, they should pay if it. talk about children's programming. it used to be "sesame" was the only game in town, the most successful program in the history of tv. now this are hundreds of programs like "sesame street" on pay for profit television. my feeling is, if people like warren buffett and people like ted turner feel this is such an important programming, why shouldn't they pay for it? >>neil: the issue here, you know, is what we spending and where we cut back on spending. the argument the liberals give you, maybe we just charge more for what we are spending money on. that gets back to more government, less government, pay month for tha
PBS
Oct 10, 2012 12:00am PDT
holder today praised the libyan government's response. it's a challenging environment in which to operate but i think we have done pretty well given the circumstances in which we find ourselves and we found ourselves able to move about and do the things that we have wanted to do because of the assistance we've gotten from the libyan government as well as from some of our other allies >> sreenivasan: a u.s. house committee holds a hearing tomorrow on the consulate attack. in pakistan, a taliban gunman shot and wounded a 14-year-old activist known for promoting girls' education. malala yousufzai was hit in the head and neck during the attack in the swat valley region. doctors said the wounds were not life-threatening. yousufzai spoke out on girls' education at a u.n. children's assembly last year. the taliban called her work "an obscenity" in a statement claiming responsibility for the attack. one out of every eight people on earth is going hungry, according to a u.n. report today. that comes to 870 million people, but it's far below the figure of one billion announced in 2009. the u.n. foo
CNBC
Oct 8, 2012 4:00am EDT
." and too late. if you haven't got your application in, it is too late. bank of england government job should have been in half an hour ago. so if you didn't make it, you're not going. jim o'neill wasn't applying, scott mcdonald wasn't applying either. i didn't get mine in. so never mind. stick here. also coming up, we'll be heading to new delhi to hear how undoing regulatory requirements could boost investments. details from one of the author of the quarterly cfo survey. and also president chavez is fig celebrating a hard-fought victory. if you have any thoughts, comments, whatever you like, e-mail us worldwide@cnbc.com or tweet @cnbcwex or @rosswestgate. first we'll turn our attention to china. analysts say there is hope the mainland services sector can help offset weakness in the manufacturing side. hsbc also says early easing measures and stronger consumption demand may have helped world bank is warning it needs to brace for slow growth. it's their slowest pace since 2001. it's because of the exposure to china which also had its outlook cut. joining uses for more, norman chan. norm
CNBC
Oct 11, 2012 4:00am EDT
to directly capitalize the banks. >> the perceived commitment of eurozone governments to mutualize the cost of spanish bank programs have been put into question very much so and should be rejected fairly clearly by core european finance ministers. and we think this is a destabilizing factor in the country's credit outlook. so the question is what pressure that might put on its italian auction today. they're selling up to 6 billion in july btb. we did see t-bills yields edging higher for italy. has already raised, though, 80% of the 465 billion needed to fund the 12012 outstanding debt. but those auction results will be out in just over an hour's or so time. >> even for the impact on spanish bonds, when people look and wonder perhaps why there isn't more impact, it's not just because this move is largely priced in. it's also because the ownership has been transitioning to domestic. so certainly at any time a healthy development itself. >> we also have data coming out, as well, spanish banks borrowing 400 billion euros in the ecb in september. 412 billion euros in august. so that number is st
PBS
Oct 12, 2012 12:00am PDT
. but the spanish government complained today that move will only make things worse. >> ( translated ): what everybody needs to have in mind is that political stability is also listed on the stock exchange, and there are a lot of everyday questions for government and citizens that depend on political stability. when some actions or decisions generate political instability, it is much harder to get financing. i am not only talking about financing for public administration, but also for individuals and companies. >> sreenivasan: meanwhile, the government of greece reported unemployment reached a record of more than 25% in july. the rate among young people, 15- to-24 years old, is double that 54%. an outbreak of fungal meningitis in the u.s. has now claimed 14 lives. the centers for disease control reported the latest count today. it said a total of 170 people have been infected across eleven states. the outbreak has been linked to steroid injections for back pain that came from a specialty pharmacy in massachusetts. roughly 14,000 people received the shots. in pakistan, a 14-year-old activist
FOX Business
Oct 12, 2012 5:00pm EDT
the difference. they have been doing that for several years in variety of ways. government buying on mortgages in spain and the string ran out as it did in the united states. germany has a lot of debt in its fist and really can't cash it in. the germans at some point have to say, this doesn't work. melissa: i mean the great thing about winning the nobel peace prize it comes with $1. million which is fantastic unless you're dividing it up among a bunch countries and works out to 23 cents for each of them. what do you think, could maybe this money will help them solve the debt crisis in europe? what do you think? >> kind of a drop in the bucket. use it for food relief in spain where people are eating out of dumpsters. angela merkel ought to go be among those people and see what is really going on the trouble is european leaders get to live in palaces that are much grander than our white house and they're very, very isolated and detached from what is happening to ordinary folks. melissa: my theory was the committee thinks they will award the $1.2 million for the big group and no one will show up
CSPAN
Oct 10, 2012 8:00pm EDT
government. our government taxes and spends out of control and our civil liberties are constantly under attack. we can fix it, but we need to get government back into its cagae. >> our final opening statement is from jeff flake. >> good to be here. two days ago, cheryl and i received a wonderful phone call from my son syan and forming as we are grandparents. aidan was born into a wonderful family, but he was born into $50,000 of debt. his share of the federal debt we all hold. that is why the stakes in this election are so high. we have to have somebody who understands fiscal discipline. that has been my record in the house of representatives, where i fought my own leadership on issues like earmarks. they punish me for it, but i kept at it and we do not have earmarks any more. that is the kind of attitude i will take to the united states senate. my opponent have a great rÉsume a. but a great resonate is not a plan. he has been running for a year now and we do not know where he stands on the major issues of the day. we have a choice in this election. we can elect somebody who does not h
CSPAN
Oct 11, 2012 9:00am EDT
with the afghan government, which will keep american soldiers in afghanistan until 2024. do you have a sense of what the minimum number of soldiers should be going forward? >> let me clarify a couple of things. there are more than a few former administration folks here who will say that was not the total point man on afghanistan. i was involved, but share the credit with many, many others who probably had more input than i did. the first point i'd like to make about afghanistan and the big difference between a strong and mr. obama is that mr. obama set a deadline, creed, full stop. i was in kabul december 2009 when mr. obama made that speech. and i was talking to isaf people, the people from international force, you know, people who are out there getting shot at from other countries, not just our own. to a man and a woman, there were a lot of women there, they all, almost took no notice of the surge statement. what they noticed was the deadline. what our pakistani friends have noticed is the deadline. what the taliban has noted is the deadline. and everybody is playing to that deadline. incl
KCSMMHZ
Oct 8, 2012 2:30pm PDT
the allegations and have the support of the chinese government. >> when china in the u.s. benefit from the business we do in america are, we hope the congress will monday's their opinions on prejudice but on the facts so as not to hurt bilateral trade relations. >> this is just the latest battle in a war of words over trade and economic practices. the u.s. has accused china of unfairly subsidizing renewable energy and the auto industry in china expressing complaints to the wto. clogs let's get to the u.s. election campaign. romney accused obama of failing to lead in the middle east. is going to frame his positions ahead of the next presidential debate next week. we have some analysis from our russian and correspondents in just a moment, but first tier are a few clips. >> it is our responsibility and the responsibility of the president to use our greatest power to shape history, not lead from behind the. destiny at the mercy of events. i will put the leaders of iran on notice that the u.s. and our friends and allies will prevent them from acquiring nuclear weapon capability. i will not
KCSMMHZ
Oct 11, 2012 2:30pm PDT
and global slowdown. lagarde says government can do more harm than good by cutting too far too fast. >> struggling eurozone countries should be granted more time to fix their fiscal problems according to the international monetary fund chief, christine lagarde. she said with many countries introducing drastic austerity programs at the same time, it is important to slow budget cuts, particularly in greece. >> i have said repeatedly that an additional two years was necessary for the country to actually face the fiscal consolidation program that is considered. >> the german finance minister is also in tokyo. he repeated his position that greece must stick to the cost- saving measures and timetables agreed with its international lenders. >> i think it is better for each country to try to solve its own problems and keep promises already made. if they cannot keep those promises, they must expect to be criticized for it. >> it is still not certain whether greece will qualify for its next installment of bailout funds. without the 31.5 billion euros in loans, they could be forced out of the
CSPAN
Oct 11, 2012 1:00am EDT
are approached or anything happens in your professional lives with the united states government that you have any questions about, please come to this committee. we take the work of whistle- blowers and people who give testimony very seriously. you have been critical to bring out things which would not have -- which would not have come out to. i will close with two comments. that i took away from today. he did not produce security at -- you do not reduce security at the -- the same time as you are increasing hazardous duty pay. it does not make sense. i have not heard that question asked and answered. i only heard that it occurred. i think the state department to take away from today and understanding that that sends a message that says, we will pay you for the risk. we will not pay to have you made safer. that is the impression that anyone would get if you reduce the staffing below recommendations or request an increase the pay. i do not think the men and women who service overseas want. i know the compensation for hardship is important, but safety comes first. i have the marine fellow who work
FOX Business
Oct 6, 2012 12:00am EDT
. >>> plus fighting over fracking? a group of senators angry over new government guidelines. i will get all the details exclusively from north dakota senator john hoeven. even when they say it's not, it's always about money melissa: first let's take a look at the day's market headlines. there was no celebration on wall street over september's positive jobs number. only the dow managed to close the week in positive territory. it was up over just 34 points. >>> consumer credit rose more than 8% in august. it's fastest expansion in three months. that is a sign that consumers are ready to make big purchases again. >>> one year ago today, steve jobs, the visionary cofounder of apple, died at the age of 56 after a long battle with pancreatic cancer. the company remains an industry powerhouse despite the loss of their leader. >>> now on to our top story tonight. good news on the jobs front. according to the household survey, 700, i'm sorry, 873,000 people found a job last night. last month. that brought the unemployment rate down to 7.8% for the first time in 3 1/2 years. the employers survey thou
FOX Business
Oct 9, 2012 5:00pm EDT
-hours. >>> government is filing a civil suit against wells fargo. they are accused of reckless behavior issuing federally backed loans. shares of wells fargo fell nearly 2%. >>> all right, our top story today, german chancellor angela merkel arrived in greece today and was met with massive protests. some greeks even dressed as nazis to mock the german leader that is so nice. what a great welcome. why are the greeks protesting one of the few people who might actually be able to help them escape a economic meltdown? joining me for more on this story, university of chicago proper professor charles lipscomb and former director of the congressional budget office, douglas holtz-eakin. thanks to you both for joining us. doug, what do you think of those pictures? >> i think this is a reminder that greeks have not done the hard reforms they need to be successful. to be successful in the bad growth, big debt environment they have to cut government employment and reduce transfer programs. they have done very little of that. they were supposed to cut 30,000 jobs. they cut 1,000. they lost another nine from
CNBC
Oct 9, 2012 4:00am EDT
is she coming now, why didn't she visit the two previous governments? because she knows hostility towards her is extremely high. remember for the better part of the last three or four year, she was seen as a scapegoat for the tough austerity measures that have been implemented here and that has led to the deep, deep recession in this country. well, she wants to send a message of support and solidarity about the reform efforts that have already been taken. but privately she'll be pressuring to say you have to continue with the reform efforts and we're not coming with any gifts. we'll make no further concessions. that will be her tough message as she comes here today. back over to you. >> what's interesting is that maybe the timing of this visit there seems to be imf saying we need to have a maybe pretty big did you tell forgiveness. how hard will that be for the germans and fins and dutch? >> i think politically impossible. i think they're warm up to the notion in a they need to give greece more time. but that means money. that money has to come from somewhere. it certainly won't come from
CSPAN
Oct 9, 2012 6:00am EDT
and the democrats. how they essentially tried to bring the federal government's financial house to some kind of order. the answer is they failed. we have a federal government whose financial house is in total disorder, total disarray. it is a historic problem. to try to put it in english, we have a trillion dollars of iou outstanding in the world. the negotiations, they agreed to raise what they call the debt ceiling, so the government can borrow a couple more trillion dollars. we are going to run it run out of that borrowing authority january or february of next year. they're going to have to go back and authorized congress for more trillions of dollars of borrowing. the republicans and lots of people in congress don't want to authorize that. so there is going to be a bloody negotiation, unless they can work a deal. in a sense, this is a book about the past, but it's about the present. it is about where we are going and what the country's future is. if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president b
FOX Business
Oct 9, 2012 11:00am EDT
that is operating out there on a network. it's our government infrastructure, our public infrastructure, water, the electricity grid. the grid is a massive concern right now. this issue, this cybersecurity, cyber hacking, theft of information, interference with our systems, it doesn't get the sort of coverage that it needs to get. it's still as a threat to the u.s. national security interests. it's still kind of lurking there in the shadows because of course we've been focused on the war on terror, on iran, on syria, you know, the arab spring, and so it does not get the coverage. i'm very glad that you guys are leading with this story. connell: it also could be -- you are ight about the angle then which is what we led with today about the war on terror and the possible retaliation for this video and everything else, but adam brought up the idea -- and this has been in the news this week of our relationship with china and this company 60 minutes focused on over the weekend, and you have another company zte which the house pommittee yesterday talked about. this is a murky area because obviously
FOX Business
Oct 11, 2012 1:00pm EDT
at the with the government is sitting on these jobs figures because we have the cut from the payroll's added number and this morning the initial jobless claims down from 30,000 because the state didn't report. and the forward revision is week after week and month after month. >> there has to be some sort of uniformity. lori: welcome to rockets -- lori rothman. melissa: the group's newest target and why these attacks can't be stopped. we know they're coming. >> we try to get answers for you in the meantime. will they dropped the glove? the first and only vice-presidential debate. we have some stock plays you might want to consider before the candidates took the stage. lori: j.c. penney trying to reinvent its doors. melissa: it is that risky bet but they're taking part. we will last gig will's ceo when she joins coming up in this hour. lori: i hadn't even heard of big. learned about -- business strategy. and an update on the markets. and 30,000 less than expected. we never see an improvement like that. that is the lowest level in four years but there is one big times. one major state did not repeat i
FOX News
Oct 13, 2012 8:30am PDT
if the government gets bigger here, they are not going up nearly as much as they are abroad. in france, the top rate 75 percent. and so calm down x. people will always invest here by comparison. but the fact of the matter, that is not the fact of the matter. more capitol is increasingly leaving here and when it comes to pay trying to cash our incredible debt, not nearly the amount that is necessary to keep financing that debt. that is something that the eu parliment member is focusing on a great lover of our country. we are in deep you know what if we don't fix it. look at the european continent. daniel and joining us on the phone right now. one of the most eloquent readers of the world i know. dan, i know we've always kidded about this in person and on the phone. you love our country but you don't love what you are seeing out of the your country, explain. >> i listened to your intersection. saying you have a better system than france like saying a better baseball team in france. that's not the competition it is a wide world. i don't know if you saw the hilarous news that the european union won the
WHUT
Oct 12, 2012 6:00pm EDT
about revenge and this kind of stuff. guess who does more than anybody? our leaders, our government, the people who are supposed to run everything. >> first, the european union wins the nobel peace prize. we will speak with tariq ali, commentator and writer. all of that and more coming up. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. we are on our 100-city tour, broadcasting from albuquerque, new mexico. vice-president joe biden and republicangress member and vice presidential nominee paul ryan squared off in the first and only vice presidential debate thursday night with a series of lively exchanges over domestic and foreign policy. joe biden was seen as playing a more aggressive role in a debate that saw sharp critiques on both sides. topics ranged from medicare and abortion to iran. the deadly attacks on the u.s. embassy in libya featured prominently in the debate with ryan criticizing the administration over what he said was a lack of embassy security. >> imposing these devastating defense cuts for it what that does when we equivocate we
CSPAN
Oct 11, 2012 6:00am EDT
. the government is going to spend 50% of the money. that will not go down. asia is a slower but it is nothing mystical or different than your read about. united states is fundamentally a stronger than people think, in my opinion. in latin america, some are better and some are slower. >> asia use same syncline about. -- you seem sanguine. >> this in my opinion, but i. they will meet their objective of 7%-8% higher. they are doing this to avoid social unrest and change the infrastructure. it change will be coming and it will be smoothed and continue to form the policies of the government. they have $3 trillion in reserve and a lot of capabilities to maintain growth. they did that that month, literally. they knew what they want to accomplish. i do not think i can do that 10 years from now. they're not building a lot of bridges to nowhere. i think it will work in the immediate term. >> there's a lot of talk about africa. in latin america, we have seen signs of pretty robust growth. >> we're opening grove -- stores and we are in there on the ground. we go there for the multinational clients. where
KCSMMHZ
Oct 9, 2012 6:00am PDT
is given by the government for the public wealth and so on, it is not in line with the transformation to the consumption economy. and also it might involve the risk of inflation and realistic hike and so on. so they look a little bit prue dentd, but they have 7.5% of growth target. so i think in the end they'll achieve the goal. >> reporter: recent tensions over territorial disagreements between japan and china have cast a shadow over the two economies. nakao says he hopes the meetings will help the two sides overcome their differences. >> this shouldn't impede a strong economic tie. and i mention that prime minister noda and premier wen last december agreed to the cooperation. we have a lot of concrete efforts. once again, i hope that any difficulties will not harm this kind of progress. >> reporter: all right. well, as you can imagine, bankers have been wringing their hands at all this uncertainty that we've been talking about. tomorrow we'll take a look inside the financial sector. we'll have lots more from here at the tokyo international forum. >> that was nhk world's ron madison.
CSPAN
Oct 10, 2012 11:00pm EDT
. europe is a mild recession. you could argue not worse, but the government has spent 50% of the money. in asia is slower but nothing mystical or different than the newspapers. the united states is fundamentally stronger than people think much of the reasons for that a little bit later. in latin america, you know, some groups are slower, but obviously a slowdown quite a bit. >> in a show you seem sanguine about peer what about india slowing, china slowing, china slowing, china slowing and they're going they're going to need to check its good remember is to be a lot higher. they need the 7% or 8% to avoid the social unrest and to build the infrastructure. i think they're going to need that. they're going to change the leadership to be smooth and will continue former policies of the government, but they have the wherewithal. so they've got $3 trillion in reserves and capability to maintain. they move very quickly. so the stimulus package after the crisis they think was like seven months after the crisis, they did in fact, literally. so they know what they want to accomplish. i don't beli
FOX Business
Oct 12, 2012 9:20am EDT
. we've got one news item, a number from the government in the background here, it's the producer price index up. 1.1%, month over month and that's a big increase, however, if you take out food and energy, there was no inflation at the producer price level. it was unchanged. and that's not a market mover, certainly not this morning. day after the debate on a day when the european union, incredibly, wins the peace prize. more on that in just a moment. how is the market opening? as i said pretty much dead flat this friday morning, we're down a fraction of a point. down two points in the very early going this morning. now, we've got j.p. morgan, they made 5.7 billion dollars profit in 13 weeks, so, nicole, tell me, where does the stock open on a day like that with a profit like that? >> well, you know, the stock story right now, you you see it's down 1.4%, but initially we did see j.p. morgan getting a pop on a great quarter. now, you have jamie dimon on a conference call and analysts conference call now giving a little more cautionary tone going forward and that's why you're seeing the st
FOX News
Oct 9, 2012 6:00am PDT
, of course he wants to hire more government workers. look, all of these things have not ignited our economy the way it should be ignited. we've seen the slowest recovery from a recession. bill: john roberts traveling with the campaign. live in vanmeter, iowa, that is west of des moines. what is happening there, john? >> reporter: good morning. governor romney will be talking agriculture today. not surprisingly we're on a 700 acre farm owned by the cook family. a lot of soybeans and corn here. we're in madison county. governor romney won this in the caucuses by the way. he will argue the president's policies things like estate taxes, climate change, environmental regulations, energy policy are hurting farmers. he continues to go after the president on issue of jobs of the even though the unemployment number is down below the psych lodge call level at 8% on the stump in newport news, governor romney found a new way to use it. >> if you look back 60 years, at all the months we had unemployment before 8% before president obama. there were 39 months. in all 60 years with unemployment above 8%. u
CSPAN
Oct 10, 2012 5:00pm EDT
could argue, but the government spends 50 percent of the money. so 50 percent will not go down, but with asia is slower, but nothing mystical or different than you read about newspapers. the united states is fundamentally stronger than people think in my opinion. under the reasons for that. and latin america, good, bad, slow. obviously it is drawing down quite a bit. >> what about india clearly slowing, china clearly slowing. >> here is china. china is, again, an opinion. i think you're going to need to object to seven or 8 percent growth. it used to be a lot higher. they use that to employ a million people to avoid the social unrest. think you're going to need that because you're actually quite right. a change will be smoothed or continue the former policy of the government, but they have the wherewithal to do it. they have $3 trillion in reserves and a lot of capability to maintain growth. they move very quickly. so you may remember, the united states package sent to the crisis. it was like seven months into the crisis stated that month with chile. so they had the ability to
FOX Business
Oct 10, 2012 3:00pm EDT
a compelling government interest in creating a diverse student body, diversity that can enrich the student body. all good stuff, right? a white students denied admission in 2008 sued the university saying it's process was not tailored narrowly enough that it created reverse discrimination denied her equal protection under the constitution. the university says the process is narrow enough and works. the questions today, they sounded to split along ideological lines. supporters worry that this more conservative court could use this case to limit affirmative action programs not just an in education but also business and government. cheryl: peter barnes, thank you very much. adam shapiro with the banks being targeted by cyber attacks. >> we have seen increased traffic today and have experienced the management and service availability but declined additional comment at this time. yesterday capital one, today suntrust, the same group tied to islamic terrorist saying they would after jpmorgan chase and bank of america. tomorrow, regions financial. issue a statement instead we take online security seri
KCSMMHZ
Oct 9, 2012 2:30pm PDT
by not having anything from this meeting. >> today, there was a ban on protests. the government banned demonstrations, but the people defied them and protested there anyway. what has it been like? >> i was looking down the square earlier, and it felt like the place was absolutely deserted. there were street cleaners cleaning the streets. there were burned garbage bins. there were sidewalks that were broken. 50,000 protesters took part in these riots, and basically, we had 217 detentions, 24 arrests, three citizens wounded, and four police officers, one of which was seriously injured. in those protests, each used their own imagination, each of those protesters. there was one who was walking around naked during the protests to show a sign of his reaction. there was someone else -- there were some others who were actually dressed up as hitler, and they were carrying flags with a nazi swastika. >> thank you so much. we are running short on time, and we have to cut you short there, but thank you very much for that report. >> chancellor merkel's visit to greece is being closely watched here
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